Overview
What is Second Harvest Food Bank Of Northwest Nc Inc?
Second Harvest Food Bank of Northwest NC, Inc. is a North Carolina-based nonprofit organization that operates a food bank to address hunger and its root causes. They acquire donated products from a wide range of sources, distributing nearly 36 million pounds annually to over 270 partner agencies, which in turn support 489 feeding programs across 18 counties. These agencies may pick up food from the 65,000 square foot warehouse or opt for the rural delivery program. The organization also advocates and educates communities, runs the Backpack program for school children, and offers the Food Purchase Program for partner agencies. Through various initiatives like Imagine Forsyth, Pop Up Pantries, and Food & Nutrition Services, Second Harvest Food Bank strives to provide food assistance and empower communities. With 157 employees, the organization serves its mission to eliminate hunger and its causes.
Official website here: www.hungernwnc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%
Second Harvest Food Bank of Northwest NC Inc has achieved an impressive Four-Star out of Four Star rating, indicating a high level of accountability and effectiveness. The charity's performance is reflected in its perfect scores for both Accountability & Finance and Impact & Measurement, showcasing a robust operational framework that prioritizes transparency and fiscal responsibility.
The organization demonstrates strong financial health with a program expense ratio of nearly 97%, indicating that a significant portion of its budget is directed toward its mission. Additionally, the independent composition of its board and the lack of liabilities further highlight its commitment to ethical governance and sustainability. The charity also excels in implementing various policies that ensure operational integrity, such as conflict of interest, whistleblower, and document retention policies.
While the financial and operational metrics are commendable, it is noteworthy that the organization's working capital ratio suggests that it may have limitations in financial liquidity, with resources available for only 0.40 years. Nonetheless, the charity's cost efficiency in meal distribution—being less than 75% of local meal costs—underscores its effectiveness in combating food insecurity in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Second Harvest Food Bank Of Northwest Nc Inc legitimate?
Second Harvest Food Bank Of Northwest Nc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Harvest Food Bank Of Northwest Nc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $989,179
Professional Fundraising Fees: $158,550
Other Salaries and Wages: $3,342,369
For more financial information, click here
Official website here: www.hungernwnc.org
What is the mission statement of Second Harvest Food Bank Of Northwest Nc Inc?
The Second Harvest Food Bank of North Carolina operates a food assistance program, providing nourishment to individuals in need through a network of partners. Their mission is to eliminate hunger and its causes, advocating and educating communities to increase awareness. They acquire and distribute donated food products from various sources, helping over 270 partner agencies provide meals to the poor and needy across 18 counties. The organization runs several programs, including the Backpack Program, which aims to address childhood hunger by providing nutritious food to schoolchildren during weekends. They also offer a Food Purchase Program, which allows partner agencies to buy food products at lower costs. The Food & Nutrition Services Outreach & Nutrition Education Program equips partner agency staff and volunteers to assist individuals in need, providing workshops and training on nutrition-related topics. Additionally, the organization implements innovative approaches like the Pop Up Pantry program, providing direct client distribution of food in underserved locations.
Official website here: www.hungernwnc.org
Who is the CEO of Second Harvest Food Bank Of Northwest Nc Inc?
Eric A Aft is the CEO of Second Harvest Food Bank Of Northwest Nc Inc The CEO's salary of Second Harvest Food Bank Of Northwest Nc Inc is $218,604 and their total compensation is $239,264.
Official website here: www.hungernwnc.org
What is the revenue of Second Harvest Food Bank Of Northwest Nc Inc?
Second Harvest Food Bank Of Northwest Nc Inc's revenue in 2024 was $85,811,678.
Official website here: www.hungernwnc.org
Who are the executives of Second Harvest Food Bank Of Northwest Nc Inc and what are their salaries?
The average compensation at Second Harvest Food Bank Of Northwest Nc Inc during 2024 was $48,128. There are 90 employees and 5475 volunteers at Second Harvest Food Bank Of Northwest Nc Inc.
Here are 28 key members and their salaries (Second Harvest Food Bank Of Northwest Nc Inc's CEO's salary is $218,604 and their total compensation is $239,264):
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Official website here: www.hungernwnc.org
Where can I find the form 990 for Second Harvest Food Bank Of Northwest Nc Inc?
Second Harvest Food Bank Of Northwest Nc Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hungernwnc.org
Learn more at the official website: www.hungernwnc.org
Mission Statement of Second Harvest Food Bank Of Northwest Nc Inc
Second Harvest Food Bank of North Carolina is a non-profit organization dedicated to providing food assistance to those in need. Through a network of partners, the Food Bank acquires and distributes donated food from its 65,000 square foot warehouse. This distribution program helps over 272 partner agencies provide 489 separate feeding programs across 18 counties. Second Harvest Food Bank's mission extends beyond just providing food; its staff and board members advocate and educate target audiences, increasing the visibility of hunger issues in their communities.
One of the organization's key initiatives is the Backpack Program, which aims to address childhood hunger in rural and urban communities. In collaboration with selected partner agencies and schools, the Food Bank provides backpacks full of nutritious foods for school children at risk of hunger over the weekends during the school year. The program is an essential resource for children in schools where over 50% of students receive free or reduced-price meals. Partner agencies pick up donated food from the Food Bank and recruit volunteers to fill the backpacks for delivery to the schools each Friday.
Another program, the Food Purchase Program, allows participating partner agencies to purchase nutritious food products at a lower cost than average retail prices. The Food Bank shops for food products, leveraging its buying power to obtain the best value for its partners. This innovative approach enables the partner agencies to access the food products they need at a time when donated food is declining.
In summary, Second Harvest Food Bank of North Carolina is a vital resource for communities in need. By providing food assistance through a network of partners and innovative programs like the Backpack Program and Food Purchase Program, the organization is making a significant impact in the lives of those facing hunger. The Food Bank's advocacy and education efforts further highlight its commitment to addressing the root causes of hunger and creating lasting change.
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Impact
October, 2024
Second Harvest Food Bank of Northwest NC has a profound impact on hunger alleviation across 18 counties in North Carolina. With a substantial warehouse of 65,000 square feet, the organization acquired 36,619,704 pounds of donated food and distributed 35,969,789 pounds in a recent fiscal year, serving over 272 partner agencies that run 489 different feeding programs.
One of its key initiatives, the Backpack Program, addresses childhood hunger by providing nutritious meals to school children at risk of hunger, enabling them to take home food over weekends. This program operates at 109 sites, with a focus on schools where at least 50% of students receive free or reduced-price meals.
To further ensure food accessibility, Second Harvest runs a Food Purchase Program that enables partner agencies to buy essential food items at reduced prices, ensuring they can meet their communities' nutritional needs even when donations fluctuate. The organization also promotes nutrition education and outreach, helping individuals navigate benefits like Food & Nutrition Services through dedicated training and support.
Additionally, the Imagine Forsyth project tackles food insecurity through integrated approaches focused on economic stability and housing. Their Pop Up Pantries and Direct Distribution initiatives target underserved areas, providing immediate food assistance with fresh produce to those in need.
Through these various programs, Second Harvest Food Bank is not only distributing food but also engaging and educating the community, working toward the elimination of hunger and addressing its root causes.
This information is meant to be a general summary of Second Harvest Food Bank Of Northwest Nc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $177,203
- Program Service Revenue: $2,553,186
- Gross Receipts: $85,919,218
Assets and Liabilities:
- Total Assets: $40,643,437
- Total Liabilities: $2,856,843
- Net Assets: $37,786,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HANDLING FEES
Revenue
$2,164,705
BACKPACK PROGRAM
Revenue
$388,481
Organization Details
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